8-KLeadership ChangesExhibits & Filings

Fidelity National Information Services, Inc. 8-K Report, Executive Changes (Aug 14, 2019)

Filed August 14, 2019For Securities:FIS

Summary

Fidelity National Information Services, Inc. (FIS) announced a significant change in its accounting leadership through an 8-K filing on August 14, 2019. Effective August 8, 2019, Christopher Thompson was appointed as the new Chief Accounting Officer (CAO). Mr. Thompson brings extensive experience to FIS, having previously served as the CAO of Worldpay, Inc. since 2014, and holding senior controller roles at Worldpay prior to that. His background also includes a tenure as a Partner at Deloitte and Touche LLP. This appointment is notable given FIS's business operations and the importance of strong financial oversight. In conjunction with this appointment, the former CAO, Katy Thompson (no relation to Christopher Thompson), is transitioning to a new role as Finance Operations Officer. In this capacity, she will oversee the company's shared financial services function for its daily enterprise operations. This internal realignment suggests a strategic move to leverage Ms. Thompson's expertise in operational finance while bringing in new leadership for the primary accounting function. Investors should view these changes as part of the ongoing evolution of FIS's financial management team.

Key Highlights

  • 1Appointment of Christopher Thompson as Chief Accounting Officer (CAO) effective August 8, 2019.
  • 2Christopher Thompson has prior experience as CAO of Worldpay, Inc. and a background at Deloitte and Touche LLP.
  • 3Katy Thompson, the former CAO, is transitioning to the role of Finance Operations Officer.
  • 4Katy Thompson will lead the Company's shared financial services function for day-to-day enterprise operations.
  • 5No known arrangements or undertakings led to Christopher Thompson's selection, and there are no family relationships or related party transactions disclosed.
  • 6The filing is primarily focused on executive officer changes, with no new financial statements or material business updates.

Frequently Asked Questions

The new Chief Accounting Officer at FIS is Christopher Thompson. He was appointed effective August 8, 2019. Mr. Thompson has significant experience, having served as the Chief Accounting Officer for Worldpay, Inc. since 2014. Prior to that, he held roles such as Senior Vice President and Controller at Worldpay and was a Partner at Deloitte and Touche LLP. He is also a licensed CPA.

Katy Thompson, who previously served as the Chief Accounting Officer, is transitioning to a new role within the company as the Finance Operations Officer. In this new position, she will be responsible for leading FIS's shared financial services function for its day-to-day enterprise operations.

No, the filing states that there are no arrangements or undertakings under which Christopher Thompson was selected as Chief Accounting Officer. Furthermore, there are no disclosed family relationships among the Company's directors or executive officers and Mr. Thompson, nor are there any related party transactions between the Company and Mr. Thompson.

No, this 8-K filing does not contain any new financial statements or guidance. It is primarily focused on the executive officer changes, specifically the appointment of a new Chief Accounting Officer and the role change of the former CAO.